Shares of Pershing Gold Co. (TSE:PGLC – Get Free Report) were down 11.6% during trading on Monday . The stock traded as low as C$1.64 and last traded at C$1.68. Approximately 6,500 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 7,601 shares. The stock had previously closed at C$1.90.
Pershing Gold Stock Down 11.6 %
The company has a debt-to-equity ratio of 6.90, a quick ratio of 0.35 and a current ratio of 0.57. The company has a 50 day simple moving average of C$1.68. The firm has a market cap of C$56.59 million and a PE ratio of -3.19.
Pershing Gold Company Profile
As of April 3, 2019, Pershing Gold Corporation was acquired by Americas Silver Corporation. Pershing Gold Corporation explores for, develops, and mines gold and precious metals in Nevada. It focuses on the exploration of the Relief Canyon properties covering an area of approximately 29,000 acres located in Pershing County in northwestern Nevada.
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